DJ:DJI is forming double bottom. Will there be breakout?
Dow jones industrial Average index is in parallel since Jul 2021 in downward bearish move. Looking at the past, it has good probability to bounce near gap area
DJ:DJI may try to create #wpattern or double bottom on daily / hourly time frames at important support zone of daily time frame, if it breaks below the support level, we can achieve the expected downside targets soon.
DJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
DJ:DJI down fall prediction using supply/demand zonez and support/resistence zones.
Dow Trading setup closing above resistance will trigger buying and forming temporary bottom closing below support will trigger more selling pressure I'm thing Dow is making a temporary bottom Good R:R
DJ:DJI Head and shoulder pattern with lower low formation trading in downtrend. DJI seems to fall further in case of breaching below 30800 expecting a target of 30350, 29600 and then 28450, Stoploss should be 32100. As the time frame used in this chart is 1day, target should be achieved in 2-4 weeks.
Dow Jones Can come down to 32000-31800 buy @ B point of Harmonic for upsite targets of 33000-33500+
Be bullish when others are fearful not to sell your holdings. The fed & Media are trying there best so you can closed your holdings & they can buy more.
We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Dow Jones... factoring in fed rate hike only in range..... This range seems to be for few more trading sessions.... Have marked the range... Happy Trading... LIke ....Share.... Follow....
On a verge of breakout from falling wedge pattern. If happens it bullish sign and for more confirmation need to cross swing high of 35700. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any...
#Dowjones - Anything below 34600 closing ( 200 EMA level), will open path for 33500-33600 levels.!
Dow ..bullish satup... Looking for 38300-39900 in few weeks... If hold above 33900..
Dow closing above level 35683 and if sustain we can say that it can move further for target of 42240 while following below levels and considering it Support and Resistance. Level 1 35683 Level 2 37960 Level 3 40448 Final Level 42240 Support Level Level 1 35084 Level 2 33562
Looking for lower targets in DJI from CMP Stop loss a few points above day high made today
On Oct1, $DJI made a bullish candle on good volume right on the lower median line(support line) of pitchfork. Also a number of indicators are showing bullish divergence. All this points to a bullish reversal. **I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as...
Looks like a great point to buy IT Stocks. NASDAQ has almost retracted to 50% of its Fibonacci retracement If we see this could be the end of the second wave(downtrend) and there would be a more dominating third wave(uptrend)